Posts

Showing posts with the label MODI

India sets aside $7 bn to vaccinate the world's second biggest population against coronavirus

Image
Government has set aside about Rs 50,000 crore ($7 billion) to vaccinate the world’s most populous nation after China against the coronavirus, according to people with knowledge of the matter. Prime Minister Narendra Modi’s administration estimates an all-in cost of about $6-$7 per person in the nation of 1.3 billion, the people said, asking not to be identified as the details are private. The money provisioned so far is for the current financial year ending March 31 and there will be  no shortage of further funds for this purpose, they added. Vaccine Math: India is said to estimate two injections per person at $2 a shot Another $2-$3 is said to be set aside per individual as infrastructure costs such as storage and transport Details based on recommendations of a working group, the people said A Finance Ministry spokesman couldn’t immediately be reached when tried on his mobile.

PM Narendra Modi to meet 15 leading global fund houses to attract investment amid pandemic

Image
Prime Minister Narendra Modi will soon meet 15 leading global fund houses amid heightened interest from foreign investors seeking stable returns in India, according to Tarun Bajaj, economic affairs secretary. The government is also working with the central bank to get India included in the global bond indices, which would lift flows into the bond market.

Prime Minister addresses the nation at 6 pm

Image
  This is not the time to be reckless. Coronavirus has not left: PM Modi More than 90 lakh beds are available for Covid patients in India. Fatality rate is 83% percent in every 10 lakh people: PM Modi We have come a long way in the fight of coronavirus. With festive season coming up, situations have started getting back to normal. But we must not forget the virus is still here, says PM Narendra Modi